Professor Wolff is joined by Victor Wallis to discuss ecology and economics comparing capitalist and socialist responses to environmental crisis. Part 2 deals with Keynesian economics as a theory that clashes with both the mainstream economics (“neoclassical”) that celebrates private capitalism and with critical theories such as Marxian economics that are opposed to capitalism.
On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.
Wolff will focus on wages, jobs, taxes, and debts – and on interest rates, prices, and profits. We aim to explain why certain economic changes are happening and other changes get postponed or blocked and we will explore alternative ways to organize enterprises, markets, and government policies. Economic Update is a weekly show for people who want to understand and change not only their own financial situation but also the larger economy we all depend on.
To listen in live on Saturdays at noon, visit WBAI’s Live Stream
Economic Update is in partnership with Truthout.org
Your radio station needs Economic Update! If you are a radio station, check this out. If you want to hear Economic Update on your favorite local station, send them this.
Thank you for reading Truthout. Before you leave, we must appeal for your support.
Truthout is unlike most news publications; we’re nonprofit, independent, and free of corporate funding. Because of this, we can publish the boldly honest journalism you see from us – stories about and by grassroots activists, reports from the frontlines of social movements, and unapologetic critiques of the systemic forces that shape all of our lives.
Monied interests prevent other publications from confronting the worst injustices in our world. But Truthout remains a haven for transformative journalism in pursuit of justice.
We simply cannot do this without support from our readers. At this time, we’re appealing to add 50 monthly donors in the next 2 days. If you can, please make a tax-deductible one-time or monthly gift today.